Magic Markets #3: Touch my junk(bonds)

Magic Markets

English - November 27, 2020 19:56 - 27 minutes - 62.8 MB - ★★★★★ - 2 ratings
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Previous Episode: Magic Markets #2: China's Electrical Storm

Next Episode: Magic Markets #4: Pension Tension

The Finance Ghost and Mohammed Nalla discuss the role of ratings agencies in the market.

What do they do? Why do investors rely on them? What is a downgrade? Are there investors for junk bonds? How does South Africa elevate itself out of junk status?

This episode is sponsored by Gray Capital, combining the art of financial planning with the science of investing.